Common use of Notice of Termination for Felony or BOE Termination Event Clause in Contracts

Notice of Termination for Felony or BOE Termination Event. Unless first terminated by a written notice of the Board, termination of the Executive's employment for a Felony or BOE Termination Event (as defined below) shall be effected by delivery of a written notice of termination from Busco Capital, Inc., the holder of the Series A Preferred Stock of Atlantic ("Busco") to the Executive, which notice shall specify the event or events set forth in Section 4.2 giving rise to such termination (the "Notice of Termination").

Appears in 6 contracts

Samples: Employment Agreement (Atlantic Express Transportation Corp), Employment Agreement (Atlantic Express Transportation Corp), Employment Agreement (Atlantic Express Transportation Corp)

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